Brunod, How do you see things playing out with Rowan and GW? Are...

Brunod, How do you see things playing out with Rowan and GW? Are the Germans likely to get shitty if they do not have their man at the table? Is he likely to add value alongside GW? Or do you think his presence will be destabilizing to what GW wants to do?

I think it will be a very tight contest between Biddle and GW but I hope GW can prevail this time. Again, it will come down to the major holders. The Germans will want their man to remain, where does this leave the CMT in convincing the other majors that the best bet for their investment is supporting GW?